Contract For Sale Of Real Estate In Arizona: FREE To Download, Edit & Use

Welcome to our Contract For Sale Of Real Estate In Arizona page. This resource is designed to guide both the buyer and seller in a property transaction. Here, you will find a comprehensive purchase agreement that outlines the terms of your real estate sale in clear, straightforward language. The beauty of this contract is its adaptability – feel free to download and modify it to suit your unique requirements. You’re one step closer to making your Arizona real estate transaction as seamless as possible.

This agreement is an essential tool for anyone looking to sell or buy a property in Arizona, ensuring every detail of your deal is covered. Browse on to get started!

ARIZONA REAL ESTATE PURCHASE AGREEMENT

THIS REAL ESTATE PURCHASE AGREEMENT (the “Agreement”) entered into this [DATE] (the “Effective Date”), by and between [BUYER NAME] (the “Buyer”) and [SELLER NAME] (the “Seller”).

1. PROPERTY DESCRIPTION

Seller agrees to sell, and Buyer agrees to buy the property located at [ADDRESS], Arizona, including all fixtures and improvements thereon (the “Property”).

2. PURCHASE PRICE

The purchase price for the Property is [PURCHASE PRICE] Dollars ($[PURCHASE PRICE IN NUMBERS]), payable as follows:

3. EARNEST MONEY

Upon execution of this Agreement, Buyer shall deposit with the Escrow Agent the sum of [EARNEST MONEY AMOUNT] Dollars ($[EARNEST MONEY AMOUNT IN NUMBERS]) as earnest money.

4. TITLE AND VESTING

Title to the Property shall be conveyed to Buyer at Closing free and clear of all liens and encumbrances, except as otherwise provided in this Agreement.

5. CLOSING COSTS

Seller and Buyer shall each pay their respective closing costs as customary in the state of Arizona.

6. CLOSING DATE

The closing date for the sale of the Property shall be on or before [CLOSING DATE], unless otherwise agreed to by the parties.

7. POSSESSION

Seller shall deliver possession of the Property to Buyer at Closing, free of all tenants and occupants.

8. CONTINGENCIES

This Agreement is contingent upon the following: Buyer obtaining a loan approval for the purchase of the Property, the Property appraising for at least the purchase price, and Buyer’s inspection and approval of the Property.

9. ARIZONA LAW

This Agreement shall be governed by and construed in accordance with the laws of the state of Arizona.

10. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, discussions, and agreements, if any, between the parties. EXECUTED as of the Effective Date. Buyer: __________________________ Date: ____________ [BUYER NAME] Seller: __________________________ Date: ____________ [SELLER NAME] THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT UNDERSTOOD, SEEK COMPETENT ADVICE BEFORE SIGNING. THIS FORM IS DESIGNED FOR USE BY REAL ESTATE PROFESSIONALS AND SHOULD NOT BE USED BY ANY OTHER PERSONS.

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In addition to a Contract for Sale of Real Estate in Arizona, it’s beneficial to familiarize with a Contract for Deed Template as an alternative financing option. And if you are considering an investment property, a well-structured Contract for Rental Property is essential to protect both landlord and tenant rights.
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